Carbon trajectory:
26% reduction in our carbon emissions between 2010 and 2021, on track for the goal of a 40% reduction on scopes 1, 2 and 3 (including construction) by 2030
Activity at end-March 2022:Strong recovery confirmed in the first quarter of 2022
Good operating momentum across all businesses
- 36,100 m2 of office space let or pre-let; increase in the office occupancy rate to 92.4%
- Major progress in the asset management of our manage-to-core offices
- Fresh successes in our development pipeline: Stream Building and Anjou 94% and 100% pre-let respectively
- Hotels: strengthening of the recovery and inaugural brand management transaction in France
- Continued good momentum in German residential
- €183 million in new sales commitments, with an average margin of 2% above the latest appraisal values
Covivio continues its CSR roadmap and strengthens its teams
Continued rollout of the Covivio Foundation:
12 non-profits supported in France, Italy and Germany
Reinforcement of teams:
appointment of Friederike Hoberg as new head of the German offices business
General Meeting approves all resolutions
- Payment on 27 April of a cash dividend of €3.75 per share representing an increase of 4.2% and a yield of 5.1%
- Strengthening the expertise of the Board of Directors: appointment of Daniela Schwarzer as an independent director
Strong revenue growth at end-March 2022: +7% like-for-like
- Offices: +2.9% on a like-for-like basis
- Germany Residential: +2.9%, with +3.6% in North Rhine-Westphalia and +2.6% in Berlin
- Hotels: +51%, driven by the recovery in variable rents
- 95.2% occupancy rate of vs 95.0% at the end of 2021
ContaCtS
Press Relations
Géraldine Lemoine
Tél : + 33 (0)1 58 97 51 00
Mail : geraldine.lemoine@covivio.fr
Louise-Marie Guinet
Tél : + 33 (0)1 43 26 73 56
Mail : covivio@wellcom.fr
Investor Relations
Vladimir Minot
Tél : + 33 (0)1 58 97 51 94
Mail : vladimir.minot@covivio.fr
